GreenPointe Developers and Cross Lake Partners have made multiple closings at Quay Sarasota, a new mixed-use waterfront neighborhood destination with residential, retail, hotel and office opportunities under construction along the waterfront of downtown Sarasota, Fla.
Lennar Multifamily Communities (LMC) acquired 1.65 acres at the Quay, and Kolter Urban acquired 1.15 acres at the Quay from GreenPointe, the developer of Quay Sarasota. Development plans include luxury multifamily homes, condominiums and ground floor retail in Quay Sarasota.
At Quay Sarasota, LMC is building its first apartment community in the Sarasota market. Rising 12 stories, it will comprise 240 luxury multifamily homes with more than 13,000 square feet of ground floor retail space and abundant amenities. The community will include a top-floor wine lounge, catering kitchen, cybercafé, resident lounge, golf simulator, business center, meeting rooms, and state-of-the-art fitness center. Plans for the